Is Life After Bankruptcy That Bad?

| Total Words: 397

It seems that some people do not recognize that dispite some unpleasant aftereffects, bankruptcy is truly a fresh start.

Instead of being satisfied with the benefits they receive some people remain unhappy.

Here is a letter I received:

Why does it take attorney’s six or more weeks to discharge a chapter 13?

Why do apartment leasers hold a bankruptcy against you when I don’t see how you could add apartment rent onto your bankruptcy?

If life is so miserable after a bankruptcy, why are lawyers constantly telling people it’s okay to file. (They want to get paid.)

My response:

Six weeks for a discharge isn’t that long and may well be governed by the schedule of the bankruptcy court.

Some landlords may not want to rent to someone with bad credit. They may feel that they will have to chase the renter for their money. Dispossessions are time consuming and expensive.

In many cases the landlord will get possession of his apartment, but may never recover the unpaid rent.

While the court proceedings drag on, the landlord has lost a part of his source of income. So he haa a right to be...

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